Index: Sr. No Particular Pg. No 1 Introduction To ABB Group History 1
Index: Sr. No Particular Pg. No 1 Introduction To ABB Group History 1
Sr. No 1 Particular Introduction to ABB Group History Culture Group Structure 2 3 4 5 6 Mission & Vision ABBs Businesses Strategy Financial Statements 4 6 7 Pg. no 1
Culture
Good leaders are characterized by competence, ambition and integrity. All three ensure that we create value by fulfilling our commitments to our customers, our employees and the communities and societies in which we operate, acting in accordance with sound corporate values.
Improve performance: ABB helps customers improve their operating performance, grid reliability and productivity whilst saving energy and lowering environmental impact.
Drive innovation: Innovation and quality are key characteristics of our product, systems and service offering.
Attract talent: ABB is committed to attracting and retaining dedicated and skilled people and offering employees an attractive, global work environment.
Act responsibly: Sustainability, lowering environmental impact and business ethics are at the core of our market offering and our own operations.
ABB's vision
As one of the worlds leading engineering companies; we help our customers to use electrical power efficiently, to increase industrial productivity and to lower environmental impact in a sustainable way. Power and productivity for a better world.
ABBs businesses
ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people. 1) Power Products The division primarily serves electric utilities, as well as gas and water utilities and industrial and commercial customers, with a wide range of products and services to facilitate power generation, transmission and distribution. Key technologies include high- and medium-voltage switchgear, circuit breakers for a range of current ratings and voltage levels, power, distribution, traction and other special transformers, as well as products to help transmit and distribute electricity efficiently and reliably, maintain power quality as well as control and manage electrical networks
2) Power Systems The division delivers solutions across the power value chain. This includes system solutions for power generation, transmission technologies like HVDC and FACTS, substations and distribution technologies for network management. The scope of a typical turnkey project includes design, system engineering, supply, installation, commissioning and testing. We integrate products from our own Power Products division and external suppliers, adding value through domain expertise, engineering, project management and life cycle support services
3) Discrete Automation and Motion This division provides products, solutions and related services that increase industrial productivity and energy efficiency. Its motors, generators, drives, programmable logic controllers (PLCs), power electronics and robotics provide power, motion and control for a wide range of automation applications. The leading position in wind generators and a growing offering in solar complement the industrial focus, leveraging joint technology, channels and operations platforms.
4) Low Voltage Products The Low Voltage Products division manufactures low-voltage circuit breakers, switches, control products, wiring accessories, enclosures and cable systems to protect people, installations and electronic equipment from electrical overload. The division further makes KNX systems that integrate and automate a building's electrical installations, ventilation systems, and security and data communication networks.
5) Process Automation The main focus of this ABB business is to provide customers with products and solutions for instrumentation, automation and optimization of industrial processes. The industries served include oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals and minerals, marine and turbo charging. Key customer benefits include improved asset productivity and energy savings.
Strategy
ABB is a global leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. With about 145,000 employees we are close to customers in around 100 countries. With our technology leadership, global presence, application knowledge and local expertise, we offer products, systems, solutions and services that allow our customers to improve their operations whether they need to increase the reliability of a power grid or raise productivity in a factory. Focusing on our core strengths in power and automation technologies, we strive for organic profitable growth. Our global manufacturing base ensures consistent top-quality products and systems made in ABB for customers around the world. Our customers have broad and easy access to ABBs offerings - whether they buy from us directly or through distributors, wholesalers, system integrators or other partners. Our people work together seamlessly to deliver benefits for our customers. Our way of doing business is values-based, leadership-driven and performance-oriented.
Orders received Revenue Earnings before interest and taxes (EBIT) EBIT margin Net income Stockholders' equity (Dec. 31) Total assets Capital expenditure Cash flow from operations Number of employees Basic earnings per share
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